Fibank sees its annual net profit rise 32%

Fibank (FIB) published Q4 individual results. Net Profit rose 32.6% to EUR 84.4mln. That, however, is largely due to the positive effect from the reevaluation of client receivables of EUR 11.6mln and Other revenues/expenses (net) of EUR 35.4mln, which is mostly from reevaluation of investment properties. Just the revenues from banking operations drop 4.8% to EUR 274mln.

Bulgarian American Credit Bank (BACB) published Q4 cons results, where Net Profit drops 10.7% to EUR 22.3mln.

Green Innovation (HYDR) published Q4 results where revenues grow 18.6% to EUR 4.4mln. While materials expenses more than doubled, the increase in production lead to Net Profit doubling to EUR 0.8mln. It is clearly a young company, but the management seems to be very focused and dedicated to growing their production, which is what the IPO was needed for in 2025. Additionally, they announced that they signed a contract with Fondazione Bruno Kessler, an Italian research institution in the fields of technology and innovation, for an amount, which alone would be 14.8% of the 2025 revenues. We will follow their development in 2026.

ü  Producer prices rose 9.6%YoY in December. Price growth eased sharply in the electricity, gas, steam, and air conditioning supply industry (15.7% vs. 28% in November). In contrast, costs in the mining and quarrying sector accelerated (30.6% vs. 17%), driven mainly by steep rises in the mining of metal ores (39.7%) and coal and lignite (48.1%). In the manufacturing sector, prices edged up slightly (10.3% vs. 10.2%) as increases were recorded in the manufacture of basic metals (28.8%), food products (18.7%), and beverages (14.9%), partly offset by price declines in tobacco products (-18%) and furniture (-11.9%).

ü  The business climate in industry rose to 15.5 in January 2026. Six-month business expectations strengthened (14.5 vs 10.6), while the employment outlook improved (1.8 vs 1.2). Stocks of finished goods declined at a slower pace (-2.1 vs -2.5), and fewer firms reported no difficulties (14 vs 12.8). Firms continued to cite an uncertain economic environment (46.8 vs 50.5) and labor shortages (34.5 vs 34.8) as their main challenges, although both showed modest improvement.

ü  Tourist arrivals increased by 6.6%YoY to 888.4 thousand in December 2025, accelerating from a 2.9% rise in the previous month and marking the strongest gain since June 2024. Growth was recorded across all travel purposes, including trips for holiday and recreation, which rose by 33.9%, followed by professional travel, up 14.7%.Visitors from the European Union accounted for 56% of total arrivals, with the largest shares coming from Romania (34.2%) and Greece (29.1%), followed by Germany (10.1%), Italy (5.3%), and Austria (3.8%).